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Updated RecentlyJersey Mike's Submarines & Salads vs Lenny's Sub Shop Franchise Comparison
Below is an in-depth analysis and side-by-side comparison of Jersey Mike's Submarines & Salads vs Lenny's Sub Shop including start-up costs and fees, business experience requirements, training & support and financing options.
Start-Up Costs and Fees |
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| Investment | $169,001 - $804,085 | $188,216 - $396,146 |
| Franchise Fee | $18,500 | $20,000 - $25,000 |
| Royalty Fee | 6.5% | 6% |
| Advertising Fee | 5% | 2% |
| Year Founded | 1956 | 1998 |
| Year Franchised | 1987 | 2001 |
| Term Of Agreement | 10 years | - |
| Term Of Agreement | 10 years | - |
| Renewal Fee | - | - |
Business Experience Requirements |
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| Experience | - | |
Financing Options |
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| In-House/3rd Party | In-House/3rd Party | |
| Franchise Fees | No/Yes | -/Yes |
| Start-up Costs | No/Yes | -/Yes |
| Equipment | No/Yes | -/Yes |
| Inventory | No/No | -/Yes |
| Receivables | No/No | -/- |
| Payroll | No/No | -/- |
Training & Support |
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| Training | On-The-Job Training: 360 hours Classroom Training: 40 hours | Our motto is More Food, More Taste, More Personality! - and that includes more training too. We do more than just give you our recipes and well wishes. Training begins the minute you sign your franchise agreement. You are given a self-paced study program to prepare you for our extensive classroom and restaurant training. After you learn the basics you get to experience a new restaurant opening with our operations team prior to opening your own restaurant. We guide you through every step to ensure you're ready to spread the "Lenny's magic" in your community. On-The-Job Training: 196 hours Classroom Training: 40 hours Additional Training: As needed |
| Support | Newsletter, Meetings, Toll-free phone line, Grand opening, Internet, Field operations/evaluations | From the moment you sign on until after your store opens, we are with you every step of the way. We will assist you in site selection and building out your restaurant. We will train you in all aspects of operating your restaurant and our support doesn't stop once you start your business. From our prized recipe specifications, to our streamlined operations manual, to our ongoing operational support, we are here for you. Purchasing Co-ops Newsletter Meetings/Conventions Toll-Free Line Grand Opening Online Support Security/Safety Procedures Field Operations Site Selection Proprietary Software Franchisee Intranet Platform |
| Marketing | Co-op advertising, Ad slicks, Regional advertising | Co-op Advertising Ad Templates Regional Advertising Social media SEO Website development Email marketing Loyalty program/app |
| Operations |
35% of all franchisees own more than one unit Number of employees needed to run franchised unit: 10 - 15
Absentee ownership of franchise is allowed. (85% of current franchisees are owner/operators) | Absentee Ownership Allowed Number of Employees Required to Run: 8 - 10 |
Expansion Plans |
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| US Expansion | - | Yes |
| Canada Expansion | No | - |
| International Expansion | Yes | - |
Company Overviews
About Jersey Mike's Submarines & Salads
The first Jersey Mike's Super Sub was created in Point Pleasant, New Jersey, on the Jersey Shore in 1956. Peter Cancro started working in the submarine sandwich business when he was 14 years old. At the age of 17, before state law allowed him to operate a slicing machine, Cancro bought the original Jersey Mike's location. Since it started franchising in 1987, Jersey Mike's has grown to more than 150 franchises.
Jersey Mike's is one of the biggest and most affordable fast food
restaurants and the mobile app delivers the same exciting experience,
minus the wait.
You can quickly browse through all the favorite items on
the menu or search by categories including subs, sandwiches, wraps,
beverages and desserts, and more.
Can't find a decent place to stop at
on your road trip? Use the app to find the nearest Jersey Mike's and
enjoy your favorite meal in no time.
Get the regular subs and sandwiches
or customize them the way you want to.
Our concept is simple. We provide our customers with the freshest,
highest quality sub sandwiches available, prepared right in front of
them and served with energy and enthusiasm. Our culture of giving and
making a difference in the lives of our customers creates an important
bond in the communities we serve.
Our business model, which offers a balanced lifestyle, allows our
owners the wherewithal to support important causes in their community
and the flexibility to have a family life outside the restaurant.
Discover how Jersey Mike’s can make a difference in your life.
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#8 in Franchise 500 for 2020.
#7 in Franchise 500 for 2021.
About Lenny's Sub Shop
Authentic Philadelphia-style sub shop featuring great subs and Philly Cheesesteaks, meats and cheeses sliced to order, extra large portions, fresh baked breads and cookies.
Since opening in Memphis in 1998, Lennys Grill & Subs has been a stand-out franchise in the $21 billion-a-year sub sandwich category. Lennys Grill & Subs delivers on what consumers really want: delicious sandwiches made with authentic ingredients and an emphasis on customer service that inspires our guests to return time and time again.
A Lennys Grill & Subs location works in just about any market and is an amazing business to own.
Veteran Incentives $5,000 off franchise fee
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#50 in Gator's Top franchises.